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Sr. Casualty Broker – Healthcare

Sr. Casualty Broker – Healthcare

CompanyMarsh & McLennan
LocationSan Francisco, CA, USA, Los Angeles, CA, USA, Philadelphia, PA, USA, Chicago, IL, USA, New York, NY, USA, Minneapolis, MN, USA, Atlanta, GA, USA
Salary$149000 – $317300
TypeFull-Time
Degrees
Experience LevelSenior, Expert or higher

Requirements

  • 10+ years industry experience and success working collaboratively in a matrix team environment
  • Casualty experience lines needed along with HealthCare experience (Medical Malpractice)
  • Strong problem solving including critical thinking and communication skills
  • P&C license, or ability to obtain

Responsibilities

  • Devises the go-to-market strategy, advocates for the value of placement function and participates within pricing of services as applicable.
  • Instructs the submission of coverage specifications and obtains quotes from carriers based upon the ‘assist, advise, and assume’ transaction model
  • Consults with client executives and client teams to support client retention and new business production
  • Inspects the binding of coverage and is responsible for the accuracy of placement binders
  • Drives and builds relationships with practice, insurance markets, clients, carriers and/or underwriters to provide cohesive client service.
  • Consults management on complex client issues or trends through clear and concise communication and participates in development of solutions.
  • Solid knowledge of market risk issues, insurance brokerage, account management, servicing and sales skills
  • Masters a detailed understanding of changing insurance and risk management market conditions and informs client executives, client advisors, and/or clients of major developments affecting various types of products/coverage
  • Formulates Placement strategy by utilizing substantial risk expertise and knowledge of industry and carriers to develop solutions that meet difficult client needs

Preferred Qualifications

  • Experience in loss sensitive policies
  • Ability to build strong relationships and build rapport with internal colleagues, clients and carriers
  • Self-starter, resourcefulness with the ability to bring solutions and ideas to the firm
  • Being able to be part of a collaborative team and feel that you can make an immediate impact
  • Having an interest in how you fit in with achieving the practice’s goals and an interest in how to meet those goals